With the 2009 Masters golf tournament underway today in Augusta, Georgia, Tiger Woods remains the odds-on favorite to win the prestigious golf tourney, followed closely by Phil Mickelson. At the online sports betting website BodogLife, Tiger Woods remains the top favorite to win the 2009 Masters with short odds 7/4. In the odds to win the 2009 Masters Golf Tournament, Tiger Woods is followed by Phil Mickelson, who however holds distant odds to win - 8/1. After a small odds adjustment, Geoff Ogilvy is now third on the betting sheets with odds 12/1, edging out Padraig Harrington who is now sitting on 16/1 odds to win the 2009 Masters Golf Tournament.

Neither of the four golf players leading the betting odds on the 2009 Masters have teed-off yet, which gives the bettors quite a while to put in their wagers. And with Tiger Woods leading on the rest of the pack by such a wide margin, it's the perfect time to look for "underdogs" such as Mickelson and Harrington. Stay with us as we bring you the latest odds on the 2009 Masters Golf Tournament.